Which of the Following Government Actions Is Appropriate in a Market

question 30

Multiple Choice

Which of the following government actions is appropriate in a market with an external benefit?

• A) taxes
• B) vouchers
• C) marketable permits
• D) setting a tax equal to the transactions costs
• E) price ceiling

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Definitions:

Moral Responsibility

An obligation to act righteously and to make decisions that are ethically sound, often considering the impact on society, the environment, and stakeholders.

Shared Rituals

Collective activities or practices commonly adopted by a brand's community, strengthening bonds and enhancing brand identity.

Shared Rituals

Activities and practices that are regularly performed in a set manner by a community or group, creating a sense of belonging and cultural identity.

Consciousness of Kind

is the awareness or recognition of shared attributes or characteristics that create a sense of belonging within a group.